Tether Hits Record-Breaking $2.9B in Profits as USDT Excess Reserve Surges to $5.4B in 2023 February 1, 2024 Brazen Crypto Team Tether 0 Tether recorded nearly $2.9 million in 2023 Q4 profit, and an all-time-high USDT excess reserve at over $5 billion. Read more on DailyCoin.